>> “True, unemployment in the United States is ticking up, approaching 7%, and some economists think the figure might crest at 8%. For the millions of people this affects, that’s bad news — but it’s hardly comparable to the Great Depression of the 1930s, when more than 25% were unemployed, over 50% in some regions. If 8% unemployment is considered a Great Depression, then Canada has been in a Great Depression for most of the last 30 years.”
To get a better understanding of the great “depression”, the figures dwarf the chicken-little mentality of today’s society. Betcha the word “recession” or “depression” will disappear once Big Ears gets into office.
You've got that right. I expect the Obamedia to start telling us what a bombing economy we have starting on 01-21-09. Look for rainbows, teddy bears, butterflies and unicorns.